UK Payment Practices Report

Mhi Vestas Offshore Wind Blades UK Ltd payment practices report

PennyFetch rating based on government data:

Good payer

Companies House no. 09170456

This rating is PennyFetch’s own assessment derived from data self-reported by Mhi Vestas Offshore Wind Blades UK Ltd to the UK government.

Avg. days to pay

29

UK median: 32

Outside agreed terms

7%

UK average: 24%

Trend

Getting faster

11 reports filed

Payment terms

0 to 155 days

Standard terms

Invoice payment breakdown

62%
25%
13%
Within 30 days: 62%31 to 60 days: 25%Over 60 days: 13%

How Mhi Vestas Offshore Wind Blades UK Ltd compares

Mhi Vestas Offshore Wind Blades UK Ltd takes an average of 29 days to pay its suppliers, which is 3 days faster than the UK median of 32 days across 9,336 reporting companies. 7% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been improving over time based on historical filings.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms, not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.

Payment history

PeriodAvg. days% outside terms% in 30d% over 60d
Jul 2025 to Dec 2025297%62%13%
Jan 2025 to Jun 2025285%65%15%
Jul 2024 to Dec 20244013%42%28%
Jan 2024 to Jun 20243912%46%25%
Jul 2023 to Dec 20234013%42%28%
Jan 2023 to Jun 20233919%45%28%
Jul 2022 to Dec 20223713%49%25%
Jan 2022 to Jun 20223916%45%26%
Jul 2021 to Dec 20214929%29%37%
Jan 2021 to Jun 20214937%24%38%
Apr 2018 to Sept 20185224%20%38%
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Frequently asked questions

According to their most recent self-reported government filing, MHI VESTAS OFFSHORE WIND BLADES UK LTD pays invoices in 29 days on average. 7% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Good payer" based on that data.

All payment statistics on this page are self-reported by Mhi Vestas Offshore Wind Blades UK Ltd to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.

Most recent report filed: Feb 2026. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.

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